The following table reconciles net income, the most comparable GAAP financial measure, to Adjusted EBITDA.

 

EVI Industries, Inc.

 

Condensed Consolidated Earnings before Interest, Taxes, Depreciation, Amortization, and Amortization of Stock-based Compensation (in thousands)

 

 

 

Unaudited

Unaudited

 

 

3-Months Ended

3-Months Ended

 

9/30/25

9/30/24

 

Net Income

 

$ 1,847

$ 3,231

Provision for Income Taxes

 

799

1,276

Interest Expense, Net

 

916

482

Depreciation and Amortization

 

1,949

1,550

Amortization of Stock-based Compensation

 

1,241

1,067

Adjusted EBITDA

 

$ 6,752

$ 7,606